The "Realized Cap," which values each ETH token at the price it was last moved on-chain. This represents the aggregate cost basis of all investors and filters out short-term market noise.
First, let’s break down the acronym:
: The total value of all coins based on the price when they were last moved on-chain. Standard Deviation ( A measure of the historical variance in market cap data. 2. Identifying Market Extremes Ethereum Mvrv Z-score